Submitted on Thursday 27th November 2014
Published on Monday 1st December 2014
Current status: Closed
Closed: Monday 30th March 2015
Signatures: 26
Tagged with
Calculate the new state pension fairly
In the new world of pensions after April 2016 the method of calculating pension entitlement changes.
If you have paid full National Insurance Contributions for 35 years you get the full weekly amount, currently estimated at £148.40 per week, Right?..WRONG
For example:
1. 35 years worked full NIC contribution..no other years worked - full pension of £148.40
2. 35 years worked full NIC contribution.10 additional years worked contracted out - reduced pension of £113.10.
The calculations must be changed to reflect that if you have put in 35 years full contributions you get the full pension regardless how many years you were contracted out.
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18.118.32.7 Thu, 21 Nov 2024 12:31:30 +0000